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RUSSIA: Federal budget revenues keep growing
However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Most of Russia’s hydrocarbon export revenues are generated from oil now that gas sales have collapsed. Ambitious state spending plans are based on oil revenues rising this year…
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DOI: 10.1108/OXAN-DB284811
ISSN: 2633-304X
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Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…
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DOI: 10.1108/OXAN-DB284546
ISSN: 2633-304X
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The Ministry of Finance is seeking new ways to boost federal revenues to fund rising military expenditure, as well as any pledges made during the forthcoming presidential election…
RUSSIA: EU imports of Russian LNG to reach record high
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DOI: 10.1108/OXAN-ES281610
ISSN: 2633-304X
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Chinese President Xi Jinping addressed the opening ceremony by video link, hailing the “irresistible” trend towards multipolarity and economic globalisation. The forum discussed…
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DOI: 10.1108/OXAN-DB280576
ISSN: 2633-304X
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Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…
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DOI: 10.1108/OXAN-DB280435
ISSN: 2633-304X
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The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
RUSSIA: Federal budget revenues will grow further